What drives residential rooftop solar growth in China? A spatial analysis using city-level data

Xu, Kewei; Ding, Yueting; Wang, Zhaohua; Yin, Jianwei

doi:10.1016/j.ecolind.2023.110778

Cited by 2 publications

(1 citation statement)

References 37 publications

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“…Considering the spatial and policy heterogeneity of the problem [23], diverse policy simulation of the CAPEX model under diverse policy scenarios becomes necessary in the Indian context [24]. Two objective functions are optimised to desired values for 3 states, with prosumers of 3 income classes, under 3 subsidy scenarios.…”

Section: Policy Simulationsmentioning

confidence: 99%

Adaptive Decentralized Payback Normalization for Socio-Economic Rebalancing of RE subsidies - A Case Study

Kumar,

Madassery R. Sindhu,

Vivek Mohan

et al. 2023

IJSEPM

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Clean energy subsidies are designed to stimulate consumer participation and deliver greater benefits to society. India has a fixed centralised federal subsidy model for residential rooftop solar (RTS). Different states have different tariff schemes for electricity consumption and RTS feed-in. Thus, grid parity, payback period (PBP), and willingness to pay (WTP) differ for consumers of different states and income classes, resulting in social and geographical disparity in RTS implementation. A Socio-Economic Rebalancing of RE subsidies thus becomes necessary. This paper proposes a novel adaptive decentralised heterogeneous PBP equalisation-based subsidy policy to enhance the WTP for all prosumers and ensure uniformity of RTS implementation. A two-stage subsidy optimisation is conducted using a case study in diverse states to achieve Grid Parity initially and subsequently desired PBP for all states and income classes. The proposed subsidy ensures grid parity for all, sufficient to transit all the prosumers to 100% net electricity from RTS. The subsidy is further normalised by equalising the PBP to a target PBP thereby ensuring uniformity of RTS implementation in the country bridging the rural-urban WTP disparity, leading to a better social scenario. The strategy is adaptive to the future, as the subsidy can be revised with changes in techno-economic parameters.

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Section: Policy Simulationsmentioning

confidence: 99%

Adaptive Decentralized Payback Normalization for Socio-Economic Rebalancing of RE subsidies - A Case Study

Kumar,

Madassery R. Sindhu,

Vivek Mohan

et al. 2023

IJSEPM

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Carbon emission constraint: A catalyst for the shift from real economy to financialization?

Liu

2024

Manage Decis Econ

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The goals of carbon peak and carbon neutrality have gained significant attention in China. Carbon‐intensive corporates are tasked with decoupling economic growth from carbon emissions. This research examines their potential for financialization based on the compulsory fulfillment requirement of carbon emission allowances and the emission‐free characteristics of financial assets. This research finds that carbon emission policy significantly promotes corporates to allocate more capital toward business operations in the real economy. It leads to an increase in capacity utilization efficiency and profitability for the main business. The findings support that the policy has a positive impact on the real economy.

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What drives residential rooftop solar growth in China? A spatial analysis using city-level data

Cited by 2 publications

References 37 publications

Adaptive Decentralized Payback Normalization for Socio-Economic Rebalancing of RE subsidies - A Case Study

Adaptive Decentralized Payback Normalization for Socio-Economic Rebalancing of RE subsidies - A Case Study

Carbon emission constraint: A catalyst for the shift from real economy to financialization?

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